CandleFocus Software Engineer Predicts Timeline for XRP to Hit $5, Says XRP Fundamentals Remain Strong
2024-12-07
Author: Content Editor
Software engineer Vincent Van Code believes that XRP could reach a price of $5 by February 2025 despite ongoing market volatility. While Bitcoin experienced a significant downturn, causing concern among investors, XRP only dropped by 10% compared to Bitcoin's 13% decline. Van Code attributes this resilience to XRP's strong fundamentals. Currently priced at $2.36, XRP would need a 112% rally to reach $5. Analysts are predicting that XRP is approaching the end of its consolidation phase and could experience a breakout soon. Some analysts even speculate that XRP could reach $10 in the near future, but this is speculative.
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